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Wolves Updates 8/2

Hartman: Wolves in serious negotiations with Target over arena naming rights and more


From Sportando:

Despite there is no official announcement yet, Nemanja Bjelica will sign a five year contract with Caja Laboral with an escpace for NBA after two seasons.


From Sid Hartman:

The Timberwolves are in serious negotiations with Target Corp. about the naming rights to Target Center, which expire on Sept. 11 next year. Speculation is that the Wolves received about $2 million a year in 1989 when the original contract was signed. And naturally with inflation they are looking for more. The next contract would no doubt include a sign on the Target Center wall facing Target Field.